Mutual Trend Analysis Report
Prepared for you on Friday, March 23, 2018.
JOHN HANCOCK REGIONAL BANK FUND - CL B (NASDAQ:FRBFX)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for FRBFX
The long term trend has been UP since Sep 27th, 2017 at 24.93
The intermediate term trend has been UP since Feb 26th, 2018 at 27.71
The short term trend has been DOWN since Feb 27th, 2018 at 27.71
Smart Scan Analysis for FRBFX
Based on a pre-defined weighted trend formula for chart analysis, FRBFX scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||28.5||52wk High Date||2018-03-09|
|52wk Low||22.66||52wk Low Date||2017-09-07|
|Year End Close||26.21||Payment Date||2017-12-18|